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Square

Square is a financial services platform operated by Block, Inc.

History

In 2009, Jack Dorsey and Jim McKelvey began developing the Square payment service. The pair demonstrated the tech to investors at the 2009 Allen & Company conference, earning themselves an investment from Khosla Ventures.1)

The company launched the first version of the service in May 2010.2)

1) , 2)
Robischon, N. (2010, May 11). Square Brings Credit Card Swiping to the Mobile Masses, Starting Today. Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today
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